To be clear, I'm a stocks basic ***** … a "mutual funds that track the market/whatever my financial planner does" kind of investor.
I bought some GE shares way back with money we didn't spend on our wedding, as it was a steady dividend stock at the time. They bottomed out and did a split recently and I didn't think much of it.
We now own a handful of shares in GE Vernova based on stock splits with a $544 cost basis.
We are in a situation where cash is very useful, but not critical. Do I sell these things? The return would be awesome in terms of %, and I'm already skeptical of an AI bubble. But FOMO is real!
Posted by GrumpMasterC
5 Comments
Sell
Way overvalued compared to Siemens and Mitsubishi competitors
Sell, I missed out on it and its up over 4x since a year ago. Too high too fast. Id atleast sell 75% of it for sure
GEV is literally building the power off the future. Data centers and AI are not a bubble. You have a solid stock, I would hold long term. Also remember you pay taxes on all of those fat gains when you claim them so you want to be prepared for that.
Neither. Buy.
Hi, you can read my sell write up on my profile of $FIX, a similar infrastructure build out name that’s been riding high on data center build out. I rode it from about $350 to $1600 and recently fully exited. Very risky holding at these valuations.